The new General Data Protection Regulations, or GDPR that has recently come into effect inside the European Union may have as much of an influence inside the EU as it will internationally. Any companies that do not adhere to the new data privacy protection rules may find themselves in violation of the GDPR if they […]
In mid-January, the People’s Bank of China (PBoC) announced that its foreign exchange reserves had grown by a breathtaking $157 billion in the fourth quarter of 2013. That influx of reserves brought annual growth for 2013 to $508 billion (the largest calendar-year increase ever) and pushed the total amount of China’s reserves toward the $4 […]
Ten years ago, it was typical for 20 percent or more of the money a migrant worker sent to his or her family in a developing nation to be eaten up by transmission costs. Thanks to factors including increased competition and technological advances, that percentage has dropped steadily over the past decade, so that […]
There are mounting anxieties in Global capital markets over the divergence between China’s economic policies – specifically, its currency exchange rate policies — and the relationship that currency valuation has to a sputtering economic recovery in the rich Western economies.
China sold more than 13.5 million vehicles in 2009, the official Xinhua news agency said on Friday, overtaking the United States to become the world’s largest auto market as China’s government stimulus policy initiatives spurred demand.
China-based solar producer Suntech Power announced plans this week to build a manufacturing facility in the United States to serve the growing U.S. market for large-scale utility projects and to take advantage of government incentives. “We believe in the outstanding long-term prospects of the solar energy market in the United States” Suntech Chairman and CEO […]